Magnabilities Review – Legit or Another Scam?

There has been some buzz about this jewelry MLM company so we decided to investigate what it was all about…

Some say it’s a scam while others Magnabilities reviews are saying legit so what is it?

The good news is we are going to walk you through the company, products and compensation plan so you can make the right decision.

Let’s dig into this Magnabilities review…

Magnabilities Review

Magnabilities is a popular network marketing company introduced in 2008. It sells magnetic jewelry products.

Home jewelry MLM companies have been around for a long time, but they must still be working or there wouldn’t be so much competition (see: Origami Owl, Stella, or Sabika).

Considering their product, Magnabilities seems legit. If you want to try out magnetic jewelry, you can give it a shot. Just make sure you plan slowly on making enough money to become financially independent and quit your day job. It's going to take a little while.

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Overview

Magnabilities is a magnetic jewelry direct sales company located in Sumner, Washington. Think Silpada Designs.

They were introduced in 2008 and are a member of the Direct Selling Association.

The company is currently creating $1 million to $5 million in revenue yearly.

The founders of Magnabilities are Kari Hoke, Susan Fahsel, and Brent Hoke. They are in charge of marketing, technology, and design, respectively. Their assignment is to “spread POSITIVITY, make an IMPACT, and become EMPOWERED.”

The company still runs chiefly on in-home parties thrown by independent consultants, which is a good way to acquire your revenue off the ground in regards to product sales.

Magnabilities Products

Magnabilities put up for sale magnetic, interchangeable jewelry, with more than 250 products in their catalog. The concept is a little 2003 Home Shopping Network-esque.

Base jewelry including earrings, necklaces, and charm bracelets can be bought and the base pieces have empty slots that permit you to insert your favorite magnetic interchangeable charms and decorative inserts.

Inserts varies from typical costume jewelry charms to dogs and cats to holiday-themed inserts to personalized photo inserts. Most are an affordable $5-$10.

Base jewelry is affordable too, with bracelets running around $20-$25, pendants for $25-$30, and earrings for $15.

Magnabilities Products are designed in Thailand, America, and China, and a majority of them are made from inexpensive but durable materials. All jewelry is made out of lead and nickel free base material and shipped from their warehouse in Sumner, WA. They also have a 30-day return policy, but shipping and handling is not refunded.

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Magnabilities Compensation Plan

Independent Affiliate at Magnabilities can earn between 25-60% commission on personal sales. Commission is somewhat average on the low end, but if you can make your way up to 50% and 60% commission rates, you’re doing pretty well.

Magnabilities Independent Affiliates can earn 10% override commission on personally sponsored team members and 4% overrides on organizational sales once they sell and enlist enough to qualify for override commissions.

Magnabilities Party Hostesses get reward credits that can be used to purchase product at a major discount and a free gift set, but they have to meet a Sales Quota.

Conclusion – Is Magnabilities Legit?

The monthly requirement for remaining active in Magnabilities is one of the highest that has been seen at 400 PV per month (or 1,200 PV in a 3-month period). You’d need to hold 1-2 SUCCESSFUL parties weekly to preserve those numbers, and that’s just to remain qualified.

One or two Magnabilities parties weekly might not sound like a lot, but it can be quite difficult when your friends and family are tired of being invited over to listen to your sales pitches. Also, these have to be successful parties, which mean you have to sell well. Not all parties gather decent sales numbers unless you’ve got a really stellar product.

Also, the Magnabilities company does not seem to offer much in the way of training and education. Without extensive sales and marketing knowledge and experience, it is truly difficult to do well in Jewelry MLMs.

In addition, you have to be passionate about a company and a product to succeed. If you are passionate about magnetic costume jewelry, go for it. If not, you’re going to face trouble making money.

Magnabilities relies almost solely on in-home parties. MLM is still a booming industry, but only for those companies that know how to innovate and set the trends.

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Aaron and Shara What Do You Suggest?

That being said, if you have never marketed online or offline before, finding people could be very difficult for you.

We know when we first started trying to make money online, we failed miserably and we had no idea how to recruit.

That is why, we first started out by learning how to become a good marketers, but in this business you don't have to be a good marketer at all!